China Merchants Port : UPDATE ON THE INSIDE INFORMATION

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability under the Companies Ordinance)

(Stock Code: 00144)

UPDATE ON THE INSIDE INFORMATION

Reference is made to the announcements made by the Company dated 3 December 2017 and 19 December 2017 (the "Previous Announcements") with respect to a material asset reorganization involving Shenzhen Chiwan. This announcement is made pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, the Laws of Hong Kong). Capitalised terms which are not otherwise defined in this announcement shall bear the same meaning ascribed to them as in the Previous Announcement.

On the date of this announcement, Shenzhen Chiwan published an announcement that a shareholders meeting of Shenzhen Chiwan will be held on 13 February 2018 to approve the continuous suspension of trading of the A shares and B shares of Shenzhen Chiwan on the Shenzhen Stock Exchange. The trading of A shares and B shares of Shenzhen Chiwan has been suspended since 20 November 2017 and it is anticipated that the suspension of trading will not be more than six months. In relation to the proposed material asset reorganization, China Merchants Holdings (Hong Kong) Company Limited ("CMHK", an indirect wholly-owned subsidiary of CMG, the controlling shareholder of the Company) agreed to proactively assist Shenzhen Chiwan in the work of audit, valuation and due diligence for the purpose of such reorganization. Shenzhen Chiwan and CMHK shall further negotiate the details of the proposed material asset reorganization, and shall enter into definitive agreement as and when appropriate. As at the date of this announcement, particulars of such reorganization have not yet been finalised. Further announcement will be made by the Company as and when appropriate in accordance with the Listing Rules.

As at the date of this announcement, the Company directly and indirectly control the voting rights in 370,878,000 A shares and 55,314,208 B shares of Shenzhen Chiwan, representing approximately 57.52% and 8.58% of the total issued shares of Shenzhen Chiwan respectively.

There is no assurance that the possible reorganization will materialize or eventually be consummated. Holders of securities issued by the Company and the public investors should exercise caution when dealing in such securities.

By Order of the Board of

China Merchants Port Holdings Company Limited

Hu Jianhua

Vice Chairman

Hong Kong, 26 January 2018

As at the date of this announcement, the Board comprises Mr. Hu Jianhua, Mr. Wang Hong, Mr. Su Jian, Mr. Bai Jingtao, Mr. Wang Zhixian, Mr. Zheng Shaoping and Ms. Shi Wei as executive directors; and Mr. Kut Ying Hay, Mr. Lee Yip Wah Peter, Mr. Li Kwok Heem John, Mr. Li Ka Fai David and Mr. Bong Shu Ying Francis as independent non-executive directors.